Dubai Aviation City Corporation, Dubai World Central (DWC), the region’s first aerotropolis, has appointed CB Richard Ellis (CBRE) as its global marketing and leasing agent for the DWC Office Park.
The DWC Office Park, which consists of 1

The lease rates in apartments across the Northern Emirates are witnessing a major fall with the biggest drop recorded in Ajman where rates fell by 28 per cent, said a report by CB Richard Ellis.
This was largely due to excess supply a

Dubai is among the Top 10 most popular business locations in the world, according to Business Footprints – Global Office Locations, a new report by the world’s largest real estate services firm, CB Richard Ellis (CBRE).
The report m

Rental rates on both commercial and residential properties in Bahrain have fallen significantly over the past two years because of oversupply.
That is the conclusion of CB Richard Ellis' latest MarketView, a Gulf Daily News report said.

As rents continue to fall, the UAE is once again becoming an affordable and attractive option for companies wishing to service the wider Middle East marketplace, said a report.
Continued uncertainties elsewhere in the region only serve to

CB Richard Ellis (CBRE), the world’s largest real estate services firm, has been appointed exclusive agent for the new Park Place commercial centre and car park, located in Bahrain’s Seef business district.
Offering five floors of commerci

High-end retail in UAE suffered the most during the downturn, but even in this sector there are signs of recovery, according to CB Richard Ellis (CBRE), the world’s largest commercial real estate services firm.
Despite past problems, there

A shortage of housing and rising land costs are causing house prices in Saudi Arabia's two largest cities to rise while an increase in new office space will push rental rates lower in Riyadh, a report said on Sunday.
"The sheer pressure of